Director General appointed for Nigerian Office for Trade Negotiations
The Federal Executive Council had in May approved the establishment of NOTN as the standing negotiating body for Nigeria.
Capital market operators, public companies to show evidence of tax compliance from March 31 – SEC
Stiff sanctions await defaulters
Why Nigeria Central Bank retained benchmark lending rate at 14 per cent – Emefiele
The governor said the move was to attract greater foreign investment.
After CBN announcement, Naira appreciates against dollar
The Pound Sterling and the Euro closed at N475 and N420 respectively at the parallel market.
Central Bank injects another $195 million into Forex market
The CBN management said it is quite pleased with the performance of the naira.
GENCOs ‘inflating invoice’, DISCOs say, drawing rebuke
The electricity companies clash over allegations of fraud.
Nigeria has no plan to exceed oil output target – Official
OPEC and some non-OPEC states including Russia agreed in 2016 to cut production by 1.8 million bpd.
NIMASA commences 24-hour turnaround time for issuing debit notes
The agency’s offices are also open on weekends.
Poor infrastructure costs Nigeria N2.03 trn yearly– ICRC
Nigeria’s 2016 nominal GDP is N101.59 trillion and two per cent of that figure is N2.03 trillion.
World Bank to evaluate Nigerian states on Ease of Doing Business
The World Bank Global Ease of Doing Business Ranking evaluates 190 countries.
NNPC speaks on alleged hidden $793.2m in secret accounts in 7 banks
The Federal Government had accused the state oil company of concealing the funds
Nigerian govt. to invest N2.5 Billion in DFIs for Small Scale Miners
Minister says all regulatory bodies would be collapsed into one unit.
CBN replies Senate, says not selling dollars to anyone at N200 rate
Nigerians have condemned the Senate’s demand.
TSA: Court orders seven banks to remit $793 million to Nigerian govt
One of the banks, Fidelity, said it was not aware of the money.
Kachikwu advocates five-year timeline for Nigeria economic turnaround
The Minister advocates focus on local economic potentials.
Protesting workers shut down CAC over salary arrears
The workers accused the management of violating agreements.
UBA offloads 2.09 billion shares on Nigeria Stock Exchange
The volume of shares traded closed higher due to huge activity posted by UBA.
We’ve recovered N60bn debt, stabilized Skye Bank, Says CEO Abiru
The bank says it has also recouped N6.2billion from divestments.
It’s official: Etisalat Nigeria formally announces 9mobile as new name
Mr. Olusanya said although the company’s trading name changed, it remained true to the same values it was built.